An Israeli company authorized to drill an oil reservoir near the Dead Sea, recently evaluated to contain NIS 1.2 billion worth of fuel, stressed Sunday that the area is located entirely inside Israel, which it said was a response to Arab media reports that the site stretched into Palestinian territory.

Israel Opportunity Energy Resources LP said in a statement sent to the media that the Hatrurim field “lies entirely within Israel’s borders.” The oil company said they were responding to “various reports” in the Arab media, though the statement did not specify which reports, nor the nature of their claims. READ MORE